Overall, sales in volume terms were at 567 million standard cubic metres (MMSCMD) in the quarter from sales of 564 mmscm a year ago same period.
For FY20, the company's sales were at 2,357 mmscm versus 2,155 mmscm in FY19. Among the total, the CNG sales grew by 7% yoy, while PNG domestic sales were up by 18% yoy in volumes. However, natural gas recorded a sequential decline of 1% yoy.
In the fiscal, the sales were at Rs6,485cr higher by 13% from Rs5,740cr in FY19. In the total, CNG and PNG sales stood at Rs4,746cr and Rs1,705cr, up by 14% yoy and 8% yoy, respectively.
Meanwhile, the net profit on a standalone basis was at Rs1,137cr, up by a whopping 44% from Rs787cr in the previous fiscal.
Despite healthy earnings, Indraprastha Gas stock ended on a negative note at Rs449.50 per piece down, by 5.15% on Sensex.